CLOUD AND SUNSHINE.

Mataura Ensign, 25 February 1909, Page 3

CLOUD AND SUNSHINE.

THE FINANCIAL STRINGENCY. I'JiU UNITED VIMiSS ASSOCIATION. WELLINGTON, Feb. l>o. Speaking at the annual meeting o) tile Chamber of Commerce to-day" the chairman (.Mr Darkness) said that again and again they had been told that thr iinaneial stringency was a passing cloud that would drift away into unknowr regions under the genial sunshine of December. IHOH. Others had again asserted that in dime, 1900, prospect? would be brighter yet the cloud remained, with t-liis difference only—Uir lining had a darker line. ,\o' platitudes and no optimism, however infectious, would accomplish any marked change. What was needed was hard. honest (oil combined with sell-denial and the curtailment of extravagance. The revival of Ihe price of wool. Hie steady market lor frozen meal, and (lie phenomenal values of dairy produce together with the prospect of an a bund nit harvest had (the speaker continued'

<aved the Dominion from a disaster which was serious to contemplate. In regard to the leading lines of wool, fiozcn meat, and dairy produce (he outlook was decidedlv encouraging, and it mlv required a sica.ly, not forced, development and the country would respond with no niggard hand if its ueople would bo but true 1o the best tradition:-, of their past history.